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Iraq's tech ecosystem offers bright spot for private sector

Despite numerous regional and country-specific challenges, Iraqi start-ups had a good year.
SABAH ARAR/AFP via Getty Images

Despite a global slowdown in venture capital deal-making, Iraq’s start-up scene can boast a number of successful deals in 2022.

Most recently, on Dec. 7, Erbil-based delivery start-up Lezzoo acquired the business-to-business marketplace platform Sadyo for an undisclosed amount. The acquisition is part Lezzoo’s expansion plans as it works to digitize Iraq's food supply chain.

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